Stock Market

Stocks witnessed a downward trend in the early trading on Tuesday as shaky investors continued their selling binge on sector-wise issues amid earning disclosure session.

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) began the week in downbeat following profit booking sell of risk-averse investors.

Investors need to make prudent decisions based on financial literacy to get higher returns on their investments in the capital market, experts said at a webinar on Thursday.

Stocks extended the losing streak for the two consecutive sessions on Tuesday as shaky investors continued their sell-offs on sector-wise issues.

The government revenue earnings from the Dhaka bourse jumped 63 per cent in the first quarter (Q1) of the current fiscal year (FY) compared to the same quarter last fiscal as trading volume on the rise.

Discussants said long term investments and proper coordination among the regulatory bodies should be inspired to ensure the due role of the country’s capital market in national economy.

US stock futures and European stocks fell on Friday after US President Donald Trump said he and his wife had tested positive for the coronavirus.

The local lube oil producer’s share bidding through the electronic subscription system (ESS) of the exchanges will continue until October 14

The central bank lowered the rate with a view to align the REPO rate for stocks with the BB’s   REPO rate in its monetary policy statement for the current fiscal year

The chairman of Bangladesh Securities and Exchange Commission (BSEC) on Monday said the appointments of Independent Directors in many companies in Bangladesh are made just from relatives, friends and they are not playing their due role.